McGeough Lamacchia Announces Hottest Towns in Massachusetts for 2013

McGeough Lamacchia Realty compared the number of home sales in 2013 for the entire year to home sales in 2012 to determine which towns had the highest increases in sales in Massachusetts in 2013.

Waltham, MA (PRWEB) January 30, 2014

McGeough Lamacchia Realty compiled data provided by The Warren Group that compared home sales in 2013 to home sales in 2012 to find out which towns in Massachusetts showed the largest increases in the number of home sales, factors which the company uses to determine whether a town is becoming a sought after location for homeowners.

Towns had to have a minimum of 25 home sales in 2013 to be considered for the list.

John McGeough and Anthony Lamacchia, co-brokers and owners of McGeough Lamacchia, examined the list of the popular towns in Massachusetts and noted that half of the towns had home sales that were new construction and that 9 of the 13 Massachusetts counties are represented in this list.

Year over year home sales in Massachusetts in 2013 showed strong gains in 2013 for both the number of home sales and the average selling prices compared to 2012. The number of home sales increased 6 percent compared to 2012, which is impressive considering there were fewer homes available for sale than in 2012. There were 77,181 home sales in Massachusetts in 2013 compared to 72,820 sales in 2012 and 60,429 in 2011.

Home prices in Massachusetts also showed an increase. The average selling price for a home in Massachusetts rose to $344,963, an increase of 7.4 percent compared to 2012.

Here is a partial list of the most popular towns in Massachusetts Real Estate for the third quarter this year:

Sources:
Warren Report: Largest Increases in Residential Number of Sales in 2013:
mlrealtyne.com/wp-content/uploads/2014/01/MA.pdf

About McGeough Lamacchia
McGeough Lamacchia Realty Team is the number one Real Estate Team in Massachusetts and named one of the fastest growing Real Estate Companies in the U.S in 2013 by Inc. Magazine. They are a full service real estate agency serving home buyers and sellers Massachusetts and New Hampshire.